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Summary*

ASAPP, founded in 2014 and headquartered in New York, is a leading provider of generative AI solutions for contact centers. The company specializes in enhancing customer experience and agent productivity through AI-driven tools such as conversational AI voice and chat agents, speech-to-text transcription, and real-time analytics. ASAPP's innovative technology has garnered attention from major clients in industries like insurance, retail, telecommunications, and airlines.

Since its inception, ASAPP has demonstrated impressive growth and technological advancement. The company has successfully raised $374.57 million across multiple funding rounds, with its latest Series C round in May 2021 valuing the company at $1.6 billion. ASAPP's customer base includes prominent corporations such as American Airlines, JetBlue Airways, Dish Network, and Vodafone, showcasing its ability to attract and retain high-profile clients.

While there is currently no official news regarding ASAPP's IPO prospects, the company's strong market position and continued growth in the rapidly expanding conversational AI market may make it an attractive candidate for going public in the future. The global conversational AI market is projected to reach $18.4 billion by 2026, representing a significant opportunity for companies like ASAPP.

Factors that could influence ASAPP's potential IPO decision include its financial performance, market conditions, and the overall state of the tech IPO landscape. The company's ability to continue innovating and expanding its client base in the competitive AI-driven customer experience sector may also play a crucial role in any future IPO considerations.

How to invest in ASAPP

While ASAPP's IPO timeline remains uncertain, investors interested in AI-powered customer experience solutions don't have to wait on the sidelines. At Linqto, we offer members the opportunity to invest in promising private companies before they go public. Our platform provides access to a diverse range of pre-IPO investments, including potential leaders in the AI and enterprise software sectors, with lower minimum investments than traditional private equity opportunities. By investing through Linqto, you could potentially benefit from ASAPP's growth and innovation in the customer experience space before it hits the public markets.

*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.